CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, June 08, 2012
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Darrell Issa Explores the Administration's Definit...
- Household Wealth Increases in Q1 By $2.8T
- Early Reports: May Real Estate Market is Hot; 17 M...
- Unintended Consequences/Perverse Incentives
- Climate Change Stunner: U.S. Leads the World in CO...
- Top 400 Taxpayers Paid Almost As Much in Federal I...
- Significant Turnover in the Top 400 U.S. Earners; ...
- Stocks Predict Presidential Elections @ 88%
- The View from Houston: The U.S. Energy Industry Wi...
- The Twisted World of Kidney Harvesting
1 Comments:
Kind of sad how the techies have been completely incompetent at figuring out a business model for new online media like blogs and podcasts, so all these bloggers and podcasters are stuck going the traditional route of putting out a book or online simulacra of outdated forms, like ebooks or audiobooks, instead of being able to make money directly off their online media. And it's really just about the money, nobody actually thinks the book, ebook, or audiobook are better formats. It's just that hose are existing formats that people are already used to paying for, but mainly it's easier to charge for a $3 book than a 5 cent blog post through the antiquated payment system, so everybody falls back to those thoroughly outdated formats. Micropayments are the solution, but until somebody is smart enough to build that, we're stuck with these retrograde solutions that are frankly ridiculous in the internet era.
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